Northern Trust will offer whole office solutions and their services will include fund administration, global custody, client reporting and performance management
Although currently operating its global custody and related businesses through its subsidiary, Mizuho Trust & Banking, this is set to change once Statestreet completes the transaction in Q4 2025
The Securities and Exchange Commission says this extension will provide additional time for further engagement on compliance, operational, and interpretive questions, and facilitate an orderly implementation of the rules